COTANAK 28: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
COTANAK 28
Largest movements
- Receivables within one year -€26,165
down €26,165 (-66.8%), from €39,165 to €13,000
of which Other amounts receivable: -€14,605
- Financial fixed assets -€1,690
no longer reported in 2024 (was €1,690)
- Debts after one year -€19,600
no longer reported in 2024 (was €19,600)
- Trade debts -€5,325
down €5,325 (-76.6%), from €6,948 to €1,623
- Short-term financial debts -€2,438
no longer reported in 2024 (was €2,438)
- Tax, wage and social debts -€819
down €819 (-29.7%), from €2,761 to €1,941
- Gross operating margin -€1,027
down €1,027 (-85.7%), from €1,198 to €171
- Other operating charges +€591
up €591 (+247%), from €239 to €830
- Financial income +€190
up €190 (+13.2%), from €1,434 to €1,623
- Financial charges +€68
up €68 (+22.1%), from €310 to €378
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,191 | €15,282 | -€27,909 | -64.6% |
| Fixed assets | 21/28 | €2,593 | €589 | -€2,004 | -77.3% |
| Tangible fixed assets | 22/27 | €903 | €589 | -€314 | -34.7% |
| Land and buildings | 22 | €795 | €589 | -€206 | -25.9% |
| Plant, machinery and equipment | 23 | €107 | €0 | -€107 | -100% |
| Financial fixed assets | 28 | €1,690 | - | -€1,690 | |
| Current assets | 29/58 | €40,599 | €14,693 | -€25,906 | -63.8% |
| Amounts receivable within one year | 40/41 | €39,165 | €13,000 | -€26,165 | -66.8% |
| Trade receivables | 40 | €11,560 | - | -€11,560 | |
| Other amounts receivable | 41 | €27,605 | €13,000 | -€14,605 | -52.9% |
| Cash at bank and in hand | 54/58 | - | €69 | +€69 | |
| Deferred charges and accrued income | 490/1 | €1,434 | €1,623 | +€190 | +13.2% |
| Total equity and liabilities | 10/49 | €43,191 | €15,282 | -€27,909 | -64.6% |
| Equity | 10/15 | €11,445 | €11,718 | +€273 | +2.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,445 | €6,718 | +€273 | +4.2% |
| Distributable reserves | 133 | €6,445 | €6,718 | +€273 | +4.2% |
| Amounts payable | 17/49 | €31,746 | €3,564 | -€28,182 | -88.8% |
| Amounts payable after more than one year | 17 | €19,600 | - | -€19,600 | |
| Financial debts | 170/4 | €19,600 | - | -€19,600 | |
| Amounts payable within one year | 42/48 | €12,146 | €3,564 | -€8,582 | -70.7% |
| Financial debts | 43 | €2,438 | - | -€2,438 | |
| Credit institutions | 430/8 | €2,438 | - | -€2,438 | |
| Trade debts | 44 | €6,948 | €1,623 | -€5,325 | -76.6% |
| Suppliers | 440/4 | €6,948 | €1,623 | -€5,325 | -76.6% |
| Taxes, remuneration and social security | 45 | €2,761 | €1,941 | -€819 | -29.7% |
| Taxes | 450/3 | €2,761 | €1,941 | -€819 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314 | €314 | -€0 | 0.0% |
| Other operating charges | 640/8 | €239 | €830 | +€591 | +247% |
| Gross operating margin | 9900 | €1,198 | €171 | -€1,027 | -85.7% |
| Operating profit (loss) | 9901 | €645 | -€973 | -€1,618 | |
| Financial income | 75/76B | €1,434 | €1,623 | +€190 | +13.2% |
| Recurring financial income | 75 | €1,434 | €1,623 | +€190 | +13.2% |
| Financial charges | 65/66B | €310 | €378 | +€68 | +22.1% |
| Recurring financial charges | 65 | €310 | €378 | +€68 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €1,769 | €273 | -€1,497 | -84.6% |
| Profit (loss) for the period | 9904 | €1,769 | €273 | -€1,497 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,769 | €273 | -€1,497 | -84.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.